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angeles daily news." that is all for the program, thank you for joining us. we will now go to the senate homeland security and government affairs committee where chairman lieberman is going to be hosting a meeting about the ongoing threats. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . >> i was struck yesterday by reading a gallup poll in one of the newspapers that showed a significant decrease in concern about terrorism among the american people. now, this is understandable, particularly because of the stress that current economic conditions have put so many american families under, but as the three witnesses know very well, the threat is still all too real. our committee knows that as well. it's our job and yours to be focused on protecting our homeland and our people from violent extremist and terrorists no matter what the state of public opinion is about it at the moment, and that's why, of course, we are so happy that -- and grateful that you are here today. the tragedy of 9/11 is a daily reality for the three of y
at the convergence of 50 research reports that talked about the dangers of cell phone use in testinand texting devicee driving. there was so little understanding about this. we had a massive debate. we knew this was very danger is behavior based on the research. we come from at traffic safety perspective, and we know the way to change this behavior follows the formula you heard ray lahood talk about. how you do that in the framework of very little conversation was the difficult part. a year ago on january we call for a nationwide ban on told a news and text to use while driving, and we called for companies to put in place policies prohibit the use of this. it was such a long debate press because of the lack of conversation. then i look at today and what we heard from secretary lahood and others. but that the amount of activity we have heard from a state legislative point of view, a research point of view, law enforcement point of view. i encourage you as we listen to our panelists today to think about how we maintain the momentum. i think all of us know that a year of action, even a tremendou
tax cuts and the expiration possibilities, obama and the democrats like to use the $250,000 figure. that is insane they will not raise taxes on the middle class. republicans -- that is saying they will not raising region be raising taxes on the middle class. republicans may find it expedient to allow them to expire so they can point fingers at the democrats during an election year. is it possible you may want to accept the $250,000 level rather than risk that all the tax cuts would expire? >> our opposition has always been pretty firm, and that we support an extension of all the 2001 and 2003 tax cuts. we believe in an economy as weak as the one we are living in right now that raising taxes on any individuals, and certainly on individuals that spend significant amounts of money as well as businesses that are successful and in a greater position to hire and expand output, we believe that is not something that should be done. when it gets into which ones we would or would not accept, i am not going to sit here and negotiate with myself and public saying we will open the bidding at a
this together on such short notice. for those of us who are jews, , some jewish we know what it is like when people have attacked us verbally, attacked us physically and others remained silent. it tcjhhn>'n, americaw"# in 2010 without the response of the religious community. we speak out because we know that hate crimes and hate speech are not mere acts of disreputableiv! assaults or arsons or derivative their attacks on the pillars of the public and the guarantors of our freedom. betrayalo >> what an honor and privilege is for me having stood on the mall for years ago under similar circumstances where we were talking about liberty and justice for all. the statement that we have worked together collectively reads the sleeve. religious leaders denounced anti- muslim bigotry, call for america's respect for tradition a religious liberty. as religious leaders in this great country we have come together in our nation's capital to denounce categorically the derision, misinformation, and outright bigotry being directed against america's muslim community. we bear a sacred responsibility to honor ame
. this is a reaction to what another country is doing to us. china is restraining its currency unilaterally. i wish they were not. i wish they were allowing their currencies to more liberally fluctuate with its true accommodating value. but if they can act unilaterally to hold down their currency, to make their goods seem more expensive for us to purchase, then we have the right to act in our best interests, whether it is unilateral or not, to respond. that way we can give our workers and businesses a fair chance to compete. i did not know if i can ask you a question, mr. secretary, it because you have done remarkably good job of trying to explain how important this relationship with china is. i believe you're trying to speak not just to us and the american people but to the chinese as well. i hope that some of us are able to speak to you and to communicate to the chinese people and government to say that this is not about trying to get on the case of the chinese. we have seen this picture before. we did it over a century ago. people are wondering where we came from when we became number one. i thi
for being with us on this friday. let's tell you what we're doing next. we will take you to the bipartisan policy center here in washington, d.c. and the panel session that looks at what we have learned nine years after the 9/11 attacks. there is an evolving terrorist threat and there will be several speakers. live coverage begins shortly. thank you for being with us on this friday morning and we will see to morning -- tomorrow morning at 7:00 a.m. on "washington journal." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] . [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] >> we are leave at this national press club this morning where former 9/11 commission lee hamilton and tom cane will speak with reporters about how terrorist threats have changed since 9/11. the two are now co-chairs of the national security preparedness group of the bipartisan policy center. it's an organization founded three years ago by former senate majority leader tom daschle. bob dole, georg
%. if i may proud independence. -- i'm a proud independent. if you look at our infrastructure, who uses mass transit more -- middle class, lower class, or upper class? i would say is middle or lower. guest: certainly, it depends on where you are. the certainly, the average bus- writer in america has a slightly lower income -- the average bus rider in america has a slightly lower income than the average american household. however, the express between fort worth and dallas, for example, it tends to be middle and upper income the use that. across america, all strata of society use public transportation and depending on where the transit goes and what type of transit it is combined with the market is that they are seeking to reach, it could be of -- it could be either very high income, that is with the commuter rail lines in new york or chicago or san francisco are an example of. it can be no american income americans going back and forth -- it can be middle-class american income going back and forth to work. it is a wide spectrum of people that use public transit. when i give these statis
again. that saving that they are doing is going to help us in the future as we reinvest and stabilize and grow out of this. host: you do get more information logging onto nsba.b is -- jeff from florida. good morning. caller: i have a questn and a concern. theatriot long for veterans. wondering if there is any activity for met -- patriot loan. guest: in terms of? caller: loaning down to usf veterans. host: you need to start business? caller: to gain some monetary to help us of parrot guest: as i am sure you know, there are a number of programs through the re sba to help veterans. senator kerry is to be chairman of the commanding, and was a lead in veterans business issues and did put together that bill. i have to go back and see where things stand with passage right now. but we certainly have been supportive of efforts to get more cash into the hands of both the veterans businesses and all small businesses. host: upstate, new york -- upstate new york, binghamton. caller: i just wanted to say that i am amazed at the ignorance of this administration. you are postulating now that small bu
he will embrace the notion and he his republic c >> the u.s. senate returned from their summer break. the nomination is scheduled at 5:30 p.m. eastern. the chamber returns to work and small-business lending bill that has been stalled since midsummer. follow the senate live on c-span 2. and the house returns from its summer recess tuesday at 2:00 p.m. eastern for legislative business. they will take up a handful of bills under suspension of the rules. those are scheduled for 6:00 p.m. eastern. tomorrow, members will take a resolution honoring the ninth anniversary of 9/11. on wednesday, they will work on a couple of measures designed to boost domestic manufacturing and a bill dealing with energy efficiency programs for rural areas. watch live house covered starting tuesday at 2:00 p.m. eastern on c-span. >> with the house and senate back in session, followed congress using the cspan video library congressional chronicle. beginning cadets a complete -- you can index a complete list of congressional members. it is free any time. watch you what you want, when you want. >> the people who
recent recession that demonstrates the u.s. is very strong in its reaction to the cheonan incident. they joined at the very beginning in the rescue operations, and also, [unintelligible] -- the were in strong support of the u.s. administration. this is the largest area ever conducted in the caribbean peninsula. -- kirby and peninsula. i might say that this is the reincarnation of the incident that happened between 1977 and 1993. it was a deterrent to north korean leadership and rain that in north korean policies -- north korean policies. one side effect of this is china's reaction. when we conducted this exercise in the wake of the cheonan sinking, the chinese reaction was unusually harsh. i think it has awakened at the international community. it is central in the war, as reflected in the sense of china. china had some objection to this joint exercise. for example, july 15 -- "we formally oppose any foreign militaries placed in the yellow city, undermining china's security." and second also, this was a joint week emphasized by a high- ranking military -- this was a jointly emphasi
of manhattan and brooklyn and you can see pictures of this in front of us. into this toxic crowd ran firefighters and police and other first responders. first responders came from all 50 states to aid in the rescue and cleanup of the subsequent days. the environmental protection administration, e.p.a., despite ample evidence to the contrary kept falsely proclaiming that the air was safe to breathe. it wasn't. the terrorists caused environmental catastrophe but the federal government compounded the damage by telling people the environment was safe when it wasn't and now thousands of people are sick and in need of special care. we have a moral obligation to treat those who became ill and that's what this bill is all about. for eight years representative maloney and i supported a bipartisan basis by the new york delegation and others have worked to bring this bill to the floor. now it is finally time to pass it. time and again, as we move this bill through the legislative process, we've adjusted it, reduced its size and scope, limited its cost and made concessions to broaden the coaliti
for bringing us all together to talk about these very important issues. i have been asked to talk about racial profiling in the context of emigrants. there have been many waves of american history in which there have been anti-democrat laws and policies, but that the federal and state and city level. starting about five years ago, there has been a more recent wave, and states and cities across the country started proposing and enacting laws that were essentially designed to make life very hard for emigrants and to try to drive them out. in the last five years the state legislators have enacted reject proposed thousands of anti- immigrant laws. -- who have proposed thousands of anti-democrat loss. one of those mentioned here was the pennsylvania law, which is a law that prohibited undocumented immigrants from granting and restricted employment as well. there have been similar laws all across the country in places like farmers branch, texas. riverside, new jersey. in arizona, which is a very active state in this regard, is not the first and will not be the last. several years ago arizona passed
. when i spoke with members of congress this morning, all of us are convinced of one thing. we have to display absolute determination, a total will that will not tell -- will not fail, and we should show absolutely no weakness in our resolution. the iranians had months and months to change their behavior. there was an extended hand by president obama. they did not grab that extended hand. these economic sanctions way as much as possible so as to bring iran to be more responsible. france's condensed -- france is convinced that nobody should display any kind of weakness. >> thank you. >> former republican vice- presidential nominee sarah palin will be in iowa tomorrow night for the annual ronald reagan dinner in the morning. we will have live coverage beginning at 8:00 p.m. eastern here on c-span. the former alaska governor will be joined by iowa senator chuck grassley and former iowa governor terry branstad. book tv saturday night, bill clinton joins former british prime minister tony blair for a discussion of their years in office. that is on c-span-2. >> now a house hearing on a ch
europeans, they were well educated, emigrating to the u.s.. last year there were only three within the group by participated in. my colleague graduated in u.s., spending $200,000 of her own money on education. she went back to europe, and in these other countries that have no immigration -- no education and the immigration is a policy provided to the u.s.. guest: our population is multifaceted. our program shows that every time a child is given the chance, they can learn. in arkansas there was not much of a european population. all of those kids were achieving. the poverty level was 85%. we are proving again that kids can achieve, given the proper courses and teacher training. host: tom luce, thank you for talking to our viewers. guest: thank you. host: go to our website, c- span.org, to find out the events we are covering today in washington. the president will give his back to school speech at 1:00 p.m. eastern time. a stakeout after meeting with caucus members with mitch mcconnell after the meeting on the small business bill. live coverage on c-span 2. thank you for watching.
talk about a meeting in september of 2009, when the word traditional was used, what were the words she used to your recollection? >> the ones i have a mile written statement. >> would you refer to the words he said she specifically said? -- you said she specifically said? >> that is page 13. the bottom of page 13, the top of page 14. >> i have a larger print. >> mr. chairman, would you mind if the answer that question? thank you. >> ok. >> my recollection is that she used the term traditional types of section two cases, and the terms of political equality for racial and language minority groups, and the term "that is what we are all about." >> ok. thank you. >> ok, if that is your answer. >> thank you. in the last round of questioning you answered yes to my question of did anyone at that meeting where you were participating by conference ez about theer ri race hostile opposition to the boating rights act. were you one of the people who told him? >> yes. i remember specifically say in it because i knew about his testimony in front of congress, and i wanted mr. perez to know that i stron
is by former u.s. attorney general michael mukasey. again, president obama will have an announcement this afternoon in the white house rose garden. we will have coverage at 1:30 p.m. eastern. until then, an author who has written a book critical of the obama administration. ng this friday, september 17, david limbaugh returns. his latest book is called "crimes against liberty: an indictment of president barack obama." as with the start -- start our discussion, for an author, had a new spirit of the lettuce nonfiction best-seller list. "the new york times" as the book and a number one spot, the second week on the list. "wall street journal" nonfiction, number two. and the combined list of fiction and nonfiction books at "usa today" #28, moving up and not -- #30. why is is selling so well? guest: i think it is resonating. people in america are very scared about what is going on about the bankrupting spending the federal government is doing and the destruction of our liberties and the assaults of individual liberties and assaults on the states, the war against the state, how president o
have to give us adequate time to get to the floor so we can respond to the bills and i am recognized and am making a statement because i'm really upset. this is the way the majority has been running the congress, mr. speaker. . you wonder why the american people are upset with majority is because of this. if you don't give adequate notice to the ranking member to be to the floor on bills, people are going to know. you know they are going to know? because i'm going to tell the story. rules matter around this place. now, let me go back to the first bill. the only reason i want to mention this is because i want to thank, you just passed it, we are going to do it by voice, let me tell you what's upsetting. it's the parliamentarian. from the time you drop that bill and the parliamentarian makes sure it gets to the jurisdictions. some might get amended and some other committee thinks they want a view on it. what happens is the majority not giving a doggone about the minority puts bills on this floor no matter what they do so long it's in comfort with someone else. they don't care about the
speaking i would appreciate it. tell us your name and any ebullitions you might have. please wait. we have microphones coming around to you. >> thank you. i am mike billington. i do not know if you went to the conference in quantico last week, but at that conference are raise the exact question you have drawn, the elite of the chinese and russians and others that the evidence is an adequate. the response from different generals as we do not need no stinking evidence. [laughter] look at the provocations, it isn't their character, therefore we have to accept this is true. you did not mention the issue, which has concerned me about this, which is why in this area of very high south korean and u.s. and nato anti-submarine warfare facilities and sonar equipment and so forth there appears to have been no son are evidence whatsoever -- no sonar evidence whatsoever? we all know that north korea said they had nothing to do with this, but i am wondering what you did north korea thinks about this. in other words, who could have done it, who in the west? is that the british? whaty is the view of the n
for granted on a daily basis to live in freedom, to live in democracy. those are the ones who allow us to do. that today we have the opportunity to help make our soldiers and our veterans, to help transition them into civilian life much easier. h.r. 5282 will help to make opportunities available to the brave men and women who are returning from the fight on the global war on terror and this legislation will continue our commitment to our veterans through education and employment opportunities. and as part of the civil works mission, the corps of engineers, they uncover countless historic artifacts continuously. a lot of these artifacts, which are very important items, are frankly just uncatalogged and are just kind of almost semiabandoned and they need curation. so, this is such a commonsense bill. it helps preserve our history, preserve our past, while also making sure that we give opportunities to the most noble, to the best and the brightest of our country, to our troops and to our veterans. i urge all members to support our receipt advance and support this -- our veterans and support thi
. it mandates that funds provided by the legislation shall be used to supplement and not to supplant other energy efficiency funding. it says that no report has to be filed with the comptroller general regardling the extent to which funds provided by the legislation that are used to support commercial or industrial energy measures. it prohibits any additions to direct spending with respect to the legislation. it forbids funds from being used to purchase personal property, including manufactured homes but allows funds to be used for modifications to manufactured homes. . it prohibits regulations regarding a home labeling program, it also prohibits the wrongful use or diversion of program funds, as well as prohibits providing funds to any contract who are employs any person who has been convicted of or pled guilty to any form of sexual assault. finally it prohibits federal employees from receiving loan fund fs they have seriously delinquent tax debt, have received a payment in violation of the liheap or have been officially disciplined for viewing, downloading or exchanging pornography on fe
deserved for being a phenomenal leader and the u.s. congress for three decades, who's sitting right here in the front row. and i've just got to say how much all of it congressman phil crane has done for the cause. [applause] [alause] i've got to say one of the really early thrilled by head when i was enacted in politics as a young guy with cp had a guest there wasa young republican national convention in new orleans where i'm from and standing on a riverboat going down the river and congressman crane was there and was so approachable and he will remember it come up and i remember it to this day comes thathey're talking to me for the longest time, drinking a beer as if he had nothing better to do than talk to this college kid. and again, thank you, congressman crane. [applause] also one other shout out. my fellow yaf word member at georgetown university in the mid-80's and fellow fresan dorm for who we were in the same freshman dorm for, fellow iter, he is fed by a heck of a lot more people across this country than i did and is done great things to the conservative cause. my friend tried
of the major financial regulatory bodies with us. obviously this is with an adjournment vote last night when we planned this hearing some weeks ago, we were under the impression we were going to be in session at least until the end of the week. obviously the agenda changed, but nonetheless i thought this hearing was so important i said we wanted to move ahead with you. i don't know how much participation we'll actually get from members. but i don't want you to believe that's a reflection of any feelings about any of you hear this morning. >> they'll probably like that. >> fewer questions here. if we do get a quorum, my hope is we do, i've discussed this already with senator shelby, we are going to move to executive session very quickly on a couple of housing measures that i believe have been agreed to. we have worked on them and i think we can deal with them fairly quickly f that happens we'll interrupt the hearing and i apologize to whoever is speaking at that moment for the interruption when that moment occurs. in the meantime i'll make some opening comments here. i'll turn to senator shelby
permits. i'd now like to introduce our head table guests from your right. jeff, u.s. senate press gallery. jean from yahoo! news. lisa, "tribune newspaper's" "l.a. times." al, "the hill." andrew snyder, chairman of the speaker's committee, associate editor, kip linger washington editors. deborah, senior vice president, haguer sharp, and speaker's committee member who organized today's event. shawn, member of the press club board of governors. jonathan, bloomberg and former n.p.c. president. and a member from bergen records. [applause] today we are a little over a month away from elections that will likely bring changes in washington. poll after poll shows that voters are not happy. there's plenty of evidence that shows incurveents are unhappy. the economy is still struggling. the senate seems unable to move forward with major legislation as gridlock sets in final days before elections. it's not pretty. it's probably not a great time to be in charge of winning elections all over the country. or is it? our speakers today are two of the men who are in charge of leading their party's efforts
think someone can come up with the exact figure, and all of the resources being used for a human destruction, why can they not be used to improve the quality of life, living conditions, and the structure, and given a future to the people of india? [unintelligible] this mahomet gandhi was alive today, what kind of device which he did to the indian leadership? >> we will take that as a comment, not a question. [laughter] the gentleman in the back. >> we are prisoners of the past. when you talk about military, there are at least two wars in the past. we have to project that in a linear fashion. i would like you to comment on the macro side in the sense that the borders were imposed by the british on the locals. the chinese border was [unintelligible] then, [unintelligible] acted on his temper, winston churchill -- and his emperor, winston churchill. why is this border so solid? secondly, on pakistan, you have an enormous tragedy. what are the opportunities for the bigger the deal maker? >> let me comment on that, not the last part, because we are still discovering what is happening
to the middle east. >> direct negotiations among the u.s., israel, and the palestinian authority in pursuit of a final agreement, sediment, and just peace of two states living side by side -- settlement. george mitchell will answer a few questions, but we still have meetings going on. he will have to return upstairs to rejoin the negotiations. >> good afternoon, ladies and gentlemen. the parties have just concluded the first round of trilateral talks. the meeting lasted about an hour and a half. it began with a plenary session involving the full u.s., israeli, and palestinian delegations on the eighth floor of the state department, and then broke to a smaller meeting in the secretary of state's personal office involving prime minister netanyahu, president abbas, secretary clinton, and myself. prime minister netanyahu and president abbas then went into a separate meeting for a direct discussion. that meeting is still going on right now. in the trilateral meeting, there was a long and productive discussion on a range of issues. president abbas and prime minister netanyahu expressed their inte
pensions were rewards of for a long work, and we used to regulate labor markets for companies. the retirement age, the existence of retirement age in our society is a function of decisions, both of increased productivity in the last century and decisions we made about allocating leisure. much of the leisure we chose to take from increased productivity went into shorter workweeks, went into longer vacations, earlier than in the last century, before say the 1950's. after the 1940's or so, much of the increased leisure went into what we call retirement, a time of non-work. we created this institution. it is malleable to some extent. it is also terribly important. the yearly retirement story is interesting. it begins to some extent with the unions very successfully negotiating 30-year and out early retirement options, and many of the unions that have defined benefits in many of the businesses agreed to early retirement provisions that served the purpose of on the one hand, rewarding workers for long-term service, and two, turning over the labor force. i say that because the flip s
with 31% of the vote. this is about an hour. >> good evening and thank you for joining us for this first gubernatorial debate. >> tonight's debate is brought to you by impact nevada. this is a partnership between ' the las vegas review journal" and pbs. >> rory reid and brian sandoval have released plans for improving education. we will hear from both candidates on this issue. >> the venue for tonight's debate, the andre agassi college preparatory academy. here is a man who really cares about education, andre agassi. [applause] >> thank you. good evening and welcome to the andre agassi college preparatory academy. i want to rory reid and brian sandoval for accepting this invitation to come here to share their thoughts on this vital issue, education. we built this school because we believe nothing has the power to change a child's life like a quality education. without an education a child cannot hope. without a quality system, a state cannot compete. the next governor will long be remembered for the effect on education. nevada is struggling economically. a huge portion of our state budge
you so much for being with us on this wednesday. we will take you to the house of representatives live next. we will be back tomorrow morning at 7:00 a.m. eastern time. today the house is working hard to get out of here, we do not know the schedule will change, but we for sure know that one of the bills on their agenda today is a discussion about compensation for 9/11 first responders who have developed health problems. thank you for being with us. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] periods [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker: the house will be in order. the prayer will be offered by the guest chaplain, reverend scott moore, doctorial student, germany. the chaplain: god of the nations, you have chosen many in various ways to show your pre
comfortable i think that will go a long way to helping us get out of what we are in. host: the twitter community on our website page which is c-span wj are talking about your background and the fact that you were a chief risk officer for several of these companies that were in trouble. guest: i was also a regulator. host: they are wondering -- and i am, too, you implied you didn't stay at some of them because of the risk the companies were taking. can you sort of speak in general about what kind of conversations you or some others that you know, your colleagues, might have had with executives and what kind of push-back you got? guest: that is a delicate situation for me because there is litigation going on so i can't speak to too many specifics. but i will come back and say i wrote a study on this back in the spring on risk management practices during the motor crisis and i believe the following from what i observed and it didn't matter what kind of institution it was, bank, thrift or whatever it was. or even the people there. these institutions, before the crisis, were very sales orie
to certain entities that will use the funds to make loans to consumers to implement energy efficient measures involving structural improvements and investments in cost effective commercial off-the-shelf technologies to improve home energy use. the speaker pro tempore: referred to the house calendar and ordered printed. mr. arcuri: thank you, mr. speaker. the speaker pro tempore: the chair will entertain requests for one-minute speeches. for what purpose does the gentleman from nebraska rise? >> request permission to address the house for one minute. the speaker pro tempore: without objection. mr. fortenberry: mr. speaker, he was called a young man of integrity and respect, a great marine who loved the marine corps, a loving husband and father. this is how the late staff sergeant michael a. bach was remembered by those who knew him. he was conducting operations in the hellman province in afghanistan when his patrol came under fire and died from those injuries on august 13. he had served four deployments in beeth iraq and afghanistan and was awarded the purple heart, navy and marine corps achie
for years and they have elected me to that. >> in new hampshire -- >> u.s. civil rights commission is holding a conference on civil rights in the 21st century and includes speeches and panel discussions on various aspects. business leaders and scholars discuss the legal and social tools available for fighting discrimination. >> including continued racial and ethnic disparities in important measures of well-being and success. this discussion obviously includes a consideration of public policy options, both old and new, but it goes beyond public policy by also asking about the limits of government action and what the right mix of government and nongovernment action should be. in a pre-conference conference call with the panel members, we identified the following questions as relevant. they don't have to answer them all, but i'm going to repeat them anyway and if they go off on more brilliant things i might turn them back to a few of these questions. first, beyond rigorous enforcement of anti-discrimination law, ca can and should be done by government to narrow racial and ethnic dispa
carbon emissions, let me tell you what will not work. it would not work to use cat and trade. cap and trade is being put out as the way to solve this problem. cap and trade is the notion that we will set a limit on how much carbon emissions there will be. we will deal out the cards to people who get to the met this much carbon, and then we will say what -- now somebody else wants to reduce carbon, you have to buy one of these emissions permits. at the same meeting where i met t.j. rodgers, i also met jeff in help from general electric. just in health -- jeff, after giving an impassioned speech about how greene general electric -- she might have thought they were green electric rather than general electorate -- how greene generally lesser was and how -- how greene general electric was and how deserving they were to get this, more efficient engines, and so on and so forth. he capped it quite well when i asked him a question, were they really that green or with a just lobbying? he got a little bit mad, and he said, if you are not at the table, you're on the menu. let that soak in for
's not what we have now. that's not what the taxpayer is going to give us. the taxpayer says give us the security we need for the money i have. so the circumstances change. second thing is, the era has changed. an earlier question came about services. services weren't such a big deal for some of my predecessors. some of my predecessors were not at war, which forces a cadence upon us that during the cold war we prepared for, we didn't conduct war. that was a different schedule. you could look at programs that were 10 and 15 years. you didn't have to deliver to afghanistan this summer. so circumstances change. and this is -- these are the initiatives that are appropriate to the circumstances in which we find ourselves. or on the submarine side. >> i'm a little nervous about that. i use speed and size. i know the navy acquisition executive is here. let me follow up with you. there are size and speed that i want to be careful what i say. the design of the submarine and therefore, how much it costs. >> much what we have seen is in the war zone and this applies to iraq and afghanistan. wou
is crossing the table. and they are able -- their business model is basically to use the power of their monopoly or duopoly position to extract more and more revenue from folks who are dependent on this service that is essential for the transaction -- the sale of gas, the sale of grocery -- to occur. and that business model that i think we have to reward is the hard work and good service and high quality and a fair price. and our merchants, individual merchants, have no capacity to protect themselves on the cost of each transaction. and when you have electronic transactions, they are pretty simple to do. there is an expense involved. the price as charged has to be fair. and unless you have a cop on the beat -- in this case, the federal reserve writing regulations to make certain the banks don't overreach so the charges are reasonable and proportionate -- you will see merchants getting hammered with because they can't control. it eats into their profits and their viability. this i think is overdue. other countries have a much lower cost per transaction, and their economies do fi
. mr. neal: madam speaker, more than 100 years ago the first u.s. mutual fund was started in boston. mutual funds have been a way of life for every man to invest in the market. with the benefits of pooling and diversification. it invites the term mutualization. today more than 50 million households invest through mutual funds with a median household income of $80,000. more than 50% of 401-k assets were invested in mutual funds at the end of 2009. h.r. 4337 was introduced last year by mr. rangel and i to modernize the tax laws regarding to regulate investment companies, better known as mutual funds. a technical explanation and revenue table for this bill may be found on the joint tax website, www.jtc.gov. the tax rules that relate to mutual funds date back to more than half a century. although those rules have been updated from time to time, it's been over 20 years since they were last revisited. the bill before us today would make several changes to the tax code to address outdated provisions such as rules that relates to preferential dividends and rules to mutual funds to send noti
, this has helped us a lot combat the production. we formed in east tennessee, what was the southeast tennessee meth task force which was a local, state and federal partnership because methamphetamine production can't be combat the exclusively at the state and local level. they just simply can't. they didn't have the resources to surveil it. it becomes a toxic site where it is made, so they didn't have the resources to clean it up. and it grew to be the east tennessee meth task force and now it is a statewide task force. we have had tremendous success. but we have to continue to modernize the laws, including federal component in order for drug professionals to be able to keep it out of the hands of people who are addicted, because they produce this, most of the time, for use. and as a result, this is just a deadly, deadly disease out in the hinterland of america and we have to fight it. this bill is another step in the right direction. congressman gordon and i worked together and congressman cooper passed a bill a few years ago to create federal grant support of the children who are t
have used -- pack as far as cannabis goes, the vast majority of us have used it. as far as afghanistan and opium, we saw on the news where our soldiers were guarding the poppy fields. we're using our tax dollars to guard the poppy fields. this is a joke. as far as the opium and cocaine, and do not know, that marijuana is not that bad. it should be legalized. i do not use it no more. it is not that big a deal. thank you. guest: 2 richard and all of the other callers, one of the great advantages of living in the american society is we can have this dialogue and you get to this dialogue and you get to speak your piece, but clearly i cannot change the laws and the united states. elected officials get paid to do that. as long as illegal and unlawful, something i believe is correct and we should not be making illegal, then we are duty bound to enforce the laws. respectfully, i would tell you to direct your comments to congress. host: what keeps you awake at night, what worries you the most with respect to the importation of illegal drugs? guest: it is the drug trade and transnational crimina
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